BELINCO
InactiveBELINCO was declared bankrupt on 16-10-2023 (Tribunal de l’entreprise francophone de Bruxelles); the bankruptcy was closed for insufficient assets by judgment of 10-06-2025, published in the Belgian State Gazette on 24-06-2025.
Summary
Inactive; last annual accounts for fiscal year 2017.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2017. Since then, 8 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filingsPosition against the passed deadline
31-12-2018 close31-07-2019 deadline24-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2017 was due by 31-07-2018 and was filed on 28-11-2018, 120 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
not filed
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2017, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-66k▼ 90.1%
2016 · €-35k
2013: €48k
2014: €272k
2015: €-1k
2016: €-35k
2013 → 2017
Working capital
€-69k
2016 · €537k
2013: €780k
2014: €573k
2015: €572k
2016: €537k
2013 → 2017
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20132014201520162017Trend
Equity€781k-€573k▼ 26.5%€572k▼ 0.2%€537k▼ 6.1%€471k▼ 12.3%
Operating result€-758-€-92k▼ 12,043%€-21k▲ 77.2%€-55k▼ 162%€-29k▲ 47.7%
Net result€48k-€272k▲ 467%€-1k€-35k▼ 2,869%€-66k▼ 90.1%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €29k in 2017 against €55k in 2016; the loss shrinks.
Balance-sheet composition
2017 in colour, 2016 as the grey bar beneath
Assets €659k
Fixed assets
€540k
Current assets
€119k
Equity and liabilities €659k
Equity
€471k ▼ 12.3%
Debt
€188k ▲ 25.2%
Debt's share of the balance-sheet total rises from 21.8% to 28.5%. Equity is lower and debt is higher.
Key figures and ratios
Current ratio
0.63▼
2016 · 4.58
ROE
-14.1%▼
2016 · -6.5%
ROA
-10.1%▼
2016 · -5.1%
Debt ≤ 1 year
€188k▲
2016 · €150k
Income taxes
€47k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2017 against 2016 · 22 lines
Balance sheet
Code20162017
Assets
Total assets20/58€688k€659k▼
Fixed assets21/28-€540k
Financial fixed assets28-€540k
Current assets29/58€688k€119k▼
Amounts receivable within one year40/41€118k€119k▲
Cash at bank and in hand54/58€9-
Equity and liabilities
Total equity and liabilities10/49€688k€659k▼
Equity10/15€537k€471k▼
Contributions10/11€62k€62k=
Reserves13€79k€79k=
Profit (loss) carried forward14€397k€331k▼
Amounts payable17/49€150k€188k▲
Amounts payable within one year42/48€150k€188k▲
Trade debts44€8k€2k▼
Income statement
Code20162017
Gross operating margin9900€-55k€-28k▲
Operating profit (loss)9901€-55k€-29k▲
Recurring financial income75€20k€9k▼
Recurring financial charges65€14€198▲
Profit (loss) for the period before taxes9903€-35k€-20k▲
Income taxes67/77-€47k
Profit (loss) for the period9904€-35k€-66k▼
Profit (loss) for the period to be appropriated9905€-35k€-66k▼
Timeline · acts, filings and financial milestones
2025
24-06
Bankruptcy
Bankruptcy closure (insufficient assets)
Tribunal de l’entreprise francophone de Bruxelles · BELINCO SA AVENUE CHARLES THIELEMANS 74, 1150 WOLUWE-SAINT- PIERRE. déclarée le 16 octobre 2023 · event 10-06-2025
2023
23-10
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · BELINCO SA AVENUE CHARLES THIELEMANS 74, 1150 WOLUWE-SAINT-PIERRE · event 16-10-2023
2018
28-11
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 120 days late
2017
31-12
Financial
Weakest financial yearnet €-66k
Net result drops to €-66k, the lowest in the series.
28-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 59 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 31 days late
31-08
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 397 days late
2014
31-12
Financial
Highest result since 2013net €272k ▲467%
Net result €272k, the highest in the series.
30-09
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 61 days late
2013
30-09
NBB filing
Annual accounts filed
fiscal year 2012 · full schema · 61 days late
2012
29-08
NBB filing
Annual accounts filed
fiscal year 2011 · full schema · 29 days late
2011
30-11
NBB filing
Annual accounts filed
fiscal year 2010 · full schema · 122 days late
30-11
NBB filing
Annual accounts filed
fiscal year 2009 · full schema · 487 days late
2009
13-07
NBB filing
Annual accounts filed
fiscal year 2008 · full schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | CLAIRE VAN DE VELDE AVENUE DE FRE 229,
1180 UCCLE |
16-10-2023 → 10-06-2025 |